Capricorn | 56-58 Lexington Ave
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Capricorn 56-58 Lexington Ave
18,900 SF Retail Building Passaic, NJ 07055 For Sale
Investment Highlights
- Busy Downtown Location
- Dense Shopping district
- Rear driveway loading area
Executive Summary
56-58 Lexington Ave. is an 18,900 sf retail property. It has 8,200 sf on the ground floor, with a 2,700 sf mezzanine, and an 8,000 sf basement ( storage only) Property is currently operating but will be delivered vacant for a new User/Tenant.
Landlord will Lease property as well. Asking rent is $240,000 NNN
Landlord will Lease property as well. Asking rent is $240,000 NNN
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Tenants option to buy property
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
18,900 SF
Building Class
C
Year Built
1935
Tenancy
Single
Number of Floors
2
Loading Docks
1 Exterior
Building FAR
1.80
Lot Size
0.24 AC
Opportunity Zone
Yes
Zoning
Commercial
Frontage
42 ft on Lexington
Amenities
- Mezzanine
- Storage Space
Walk Score ®
Walker's Paradise (95)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 07-04124-0000-00010 | Improvements Assessment | £796,851 |
Land Assessment | £205,184 | Total Assessment | £1,002,035 |
PROPERTY TAXES
Parcel Number
07-04124-0000-00010
Land Assessment
£205,184
Improvements Assessment
£796,851
Total Assessment
£1,002,035
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Capricorn | 56-58 Lexington Ave
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